clp72, agree and it would have been "controlled" from day one of the rise, when it traded over 1 BILLION shares and had an intraday rise of 200%! Can't understand why the KLSE authorities didn't question this price and volume rise. Some clearly made money, many would have lost.
I've no idea why a UMA wasn't given, as I've seen it given for much less in the past. 200% rise and over 1 Billion shares traded.......and not even a whimper from them.
difficult for a second wave because all minorities got caught between 13-29cents. even when a technical rebound it should drop till 9cents and rebound to 15cents
should be quite safe to enter at the current level at least downside risk is limited. Should the privatisation really happens upside will be tremendous
Today it formed bullish harami at the support level..sign of reversal signal..the trend may change..let's watch for tomorrow..hourly chart also looking good..got volume & last minute buyer's interest..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Pen6
239 posts
Posted by Pen6 > 2020-09-29 11:04 | Report Abuse
TP 0.175 OK ?